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CSPAN
Nov 17, 2012 7:00pm EST
this problem. i do not think he has used the language only high-income people have to contribute on the revenue side. i do not think he has ruled out something which through based blogging would call for some contribution. >> the president will that out a dent in his budget he had this past year. >> that is right. but he has not in his current rhetoric. he does the said the problem should be solved just by high income taxpayers. >> let me ask about another component. capital gains and dividends. what about that side of it? the folks that what bloomberg and do a lot of investing are interested in what happens to capital gains. if you move it up to 20% or talk about higher figure, what would happen to investment in this country and how much money could degenerate? >> rates today are 50% for capital gains and dividends. it is already baked in the cake that is going to 18.8% for high- income taxpayers. they are often overlooked in this discussion but it is already a given. there has been a debate about whether to raise them further. i think your -- you're already seeing some evidence and. you will
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